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Operating an LLC

This question is probably pretty simple, but I`m having a hard time finding definitive information on this subject. I want to form an LLC with a partner, and we will each contribute a certain equal amount for equal ownership. The question comes: how do we add capital to the organization down the road? Let`s say we`ll only need a few thousand to get started for the first month or so, but will likely need to invest a few thousand more later, which we don`t wan`t to commit right away. We want to make sure that we follow all the rules. Do we just write a check to the company and deposit it in the business account and call it good? Do we have to contribute equal amounts to maintain the 50/50 split in ownership? Help!
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It is usually a pretty straightforward process with cash. I think it might be more tricky if you contribute inventory, equipment, or services.
To my knowledge there are not set "rules"...I would just make sure you leave a paper audit trail, just in case!
It also might be a good idea to consult with your accountant for specifics.
JamesOnlineSidingJames2006-9-10 4:53:34